Bias optimality versus strong 0-discount optimality in Markov control processes with unbounded costs (Q1408677)
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scientific article; zbMATH DE number 1985809
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | Bias optimality versus strong 0-discount optimality in Markov control processes with unbounded costs |
scientific article; zbMATH DE number 1985809 |
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Bias optimality versus strong 0-discount optimality in Markov control processes with unbounded costs (English)
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25 September 2003
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Discrete-time Markov control problems on Borel spaces are studied under the aspects of optimality w.r.t. expected average cost, discount-sensitive criteria, and bias. The relation of the results on the different problems is explained and an example illustrates the usefulness of the results.
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Markov control processes
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average cost
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bias optimality
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discount-sensitive criteria
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